News/Business (Page 5)

Business The Wall Street Journal reported on Wednesday that board members had reached out to executive search firms to find a replacement for CEO Elon Musk. Tesla’s sales and stock value have slumped in recent months as Musk spent much of his time as an unofficial part of Donald Trump’s administration. OnContinue Reading

Business China has created a list of U.S.-made products that would be exempted from its 125 per cent tariffs and is quietly notifying companies about the policy, two people familiar with the matter said. Goods included on ‘whitelist’ remain unclearThomson Reuters · Posted: Apr 30, 2025 10:36 AM EDT | Last Updated:Continue Reading

Business Statistics Canada says the Canadian economy shrank in the month of February, but declines might not last long, as early signs for March point to moderate GDP growth. This follows 0.4% growth in January Abby Hughes · CBC News · Posted: Apr 30, 2025 8:38 AM EDT | LastContinue Reading

Business·Analysis The success of Mark Carney’s political agenda hinges on delivering his economic promises. Can Mark Carney deliver on his campaign promises? His political success depends on it Peter Armstrong · CBC News · Posted: Apr 30, 2025 4:00 AM EDT | Last Updated: April 30 Prime Minister Mark CarneyContinue Reading

Business U.S. President Donald Trump signed a pair of orders to soften the blow of his auto tariffs on Tuesday with a mix of credits and relief from other levies on materials, and his trade team touted its first deal with a foreign trading partner, developments that eased investor worriesContinue Reading

Business·Marketplace CBC’s Marketplace rounds up the consumer and health news you need from the week. The consumer news you may have missed this week Dexter McMillan · CBC · Posted: Apr 27, 2025 8:00 AM EDT | Last Updated: 6 hours ago Employees work inside a factory manufacturing clothes forContinue Reading

Business Despite comments from U.S. President Donald Trump that he’s spoken with Chinese President Xi Jinping about tariffs, China maintains that no talks have taken place. China has not communicated publicly on any exemptions, denies any talks between the countriesThomson Reuters · Posted: Apr 25, 2025 9:27 AM EDT | LastContinue Reading

Business British Columbia winemakers hope Canada’s united boycott of U.S. booze could result in a banner year for the province’s wine industry. Industry experts say it could also deliver a financial blow to vineyards south of the border. Wineries see early signs of both increased visitors and sales as summerContinue Reading

Business U.S. President Donald Trump told reporters Tuesday during a news conference that tariffs would ‘come down substantially,’ but wouldn’t disappear completely. Experts say rates would need to drop to 10 or 20 per cent in order for trade to return to some kind of normalcy. Rates would need toContinue Reading